Question
A person borrows some money for 5 years and loan amount : total interest amount is 5 : 2. The ratio of loan amount : interest rate is equal to :
Answer: Option C
Answer: (c)Required ratio = 5 : $2/5$ = 25 : 2$\text"loan amount"/ \text"Interest amount" = 5/2$Interest rate = $2/5$[Since, ${P + I}/I = 5/2 ⇒ P/I + I = 5/2$⇒ $P/I = 3/2, then I = 2/5$]$ \text"loan amount"/ \text"Interest rate"$= $5/{2/5}= 25/2$ or 25 : 2
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Answer: (c)Required ratio = 5 : $2/5$ = 25 : 2$\text"loan amount"/ \text"Interest amount" = 5/2$Interest rate = $2/5$[Since, ${P + I}/I = 5/2 ⇒ P/I + I = 5/2$⇒ $P/I = 3/2, then I = 2/5$]$ \text"loan amount"/ \text"Interest rate"$= $5/{2/5}= 25/2$ or 25 : 2
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